The Fair Share Report

180 Coombs Dr

Paramus, NJ 07652

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $1,369,201

Likely range $1,117,801 – $1,587,965, from 12 comparable Paramus sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

93.30%

The state's official measure of how far Paramus assessments sit below market value — republished every October, applied town-wide. A $1,369,201 home should be assessed near $1,277,465.

Step 3 · Assessed value

$1,574,800

Set at the last town-wide revaluation and mostly frozen since. That's $297,335 above what the ratio math suggests (23.3%).

Step 4 · The tax rate — same for every Paramus home

$1.499 per $100 assessed

$0.709 Schools · 47% $0.241 County · 16% $0.549 Town · 37%

This home's own bill implies $1.419 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$22,346/yr
Public schools$10,569
Bergen County$3,593
Town of Paramus$8,184
Paramus average$13,058

This home vs. every recent Paramus sale · assessed ÷ market

Town median 89.0%
This home · 115.0%

65%146%

A touch high — worth watching

This home's ratio sits above most of Paramus, but doesn't clear NJ's legal appeal line (100.00%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
218 MAYFAIR ROAD2026-05$1,885,00049.7%
58 BENTON ROAD2025-04$1,755,0003,38892.2%
67 KNOLLWOOD DR.2025-04$1,120,0003,13689.0%
298 GORDEN DRIVE2025-01$1,725,0003,56096.6%
238 ADDISON PLACE2025-02$1,030,0003,06892.3%
23 HALCO DRIVE2026-01$1,525,0003,22488.2%
316 SPENCER PLACE2025-01$940,0002,997143.5%
605 CRAIG AVENUE2026-02$1,200,0002,82480.4%
E 322 MIDLAND AVE.2026-02$1,270,0003,10068.3%
684 CAMBRIDGE RD2025-04$1,105,0002,64685.9%
366 MC KINLEY BLVD.2026-02$1,300,0002,75673.9%
360 VALLEY VIEW AVE2026-04$1,435,0003,42473.6%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →